Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Federal Employees Get Second Musk Buyout Provide

(Bloomberg) — Federal employees at plenty of companies — together with the Protection, Transportation, Agriculture and Power departments — are getting a second probability to simply accept a buyout provide, the most recent effort to downsize the US authorities spearheaded…

Automobile producers fined £461m for collusion

Main automotive producers and two commerce our bodies are to pay a complete of £461m for “colluding to limit competitors” over car recycling, UK and European regulators have introduced. The UK’s Competitors and Markets Authority (CMA) stated they illegally agreed…

Wholesaler affiliation says impending tariffs might worsen inflation

The Nationwide Affiliation of Wholesaler-Distributors represents the $8.2 trillion wholesale distribution trade that accounts for one-third of U.S. GDP. (Picture: Jim Allen/FreightWaves) The Nationwide Affiliation of Wholesaler-Distributors (NAW) has expressed issues over President Donald Trump’s impending tariffs – set to…